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GBP/USD: Brexit Delayed, Now What?

April 15, 2019 7:39 PM
As my colleague Matt Simpson succinctly noted last week, traders have said “meh” to the 6-month “flextension” to Brexit. While squabbling between the different political parties continues apace, it’s now unlikely that we’ll see any near-term progress on Brexit, so traders may now turn their attention back to UK economic data.

Traders Say 'Meh' To 6-Month 'Flextension'

April 11, 2019 4:01 AM
The EU granted the UK’s flextension until 31st October, four-month longer than PM May requested. Yet whilst today’s ‘meh’ reaction points towards Brexit fatigue, the coiling nature of GBP suggests volatility could be brewing.

GBP/USD Unimpressed by Brexit “Flextension”

April 5, 2019 5:43 PM
The Brexit merry-go-round continues to turn, with today’s news highlighted by the potential for a “flextension” to Brexit negotiations...